Explain why effective communication occurs only when the source and the receiver have a mutual frame of reference
What will be an ideal response?
For effective communication to occur, both the source and the receiver must have an understanding of the message. If the message cannot be decoded by the receiver in the way the sender intended it, then there will not be successful communication.
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Depreciation of the euro relative to the U.S. dollar will cause a U.S.-based multinational firm's reported earnings (from the consolidated income statement) to ____. If a firm desired to protect against this possibility, it could stabilize its reported earnings by ____ euros forward in the foreign exchange market.
a. be reduced; purchasing b. be reduced; selling c. increase; selling d. increase; purchasing
List four types of financial institutions that you have made use of or might deal with in the future
What will be an ideal response?